2:50 AM
Aniket Kumar
If you invest for retirement, it is important to make time for the market. The economic cycle of recession and recovery usually occurs every 7 years or so the United States. You must take this into account when collecting their asset classes.
If you invest in shares, you must ensure that there is no need to spend the money for at least 7 years. It gives you enough time to recover through a recession.
One of the biggest mistakes is that people leave their money in the stock market for retirement. So when a recession has reduced the stock market and your retirement portfolio down with it. When ready to retire, in many cases, you should take the money you need right away and put it in something safe. If done right, do not have to come out of retirement.
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